Recent Legislation


Other Matters: Through several Presidential Decrees was nominated the new Government of Angola to which we wish all the best


Warning 7/17 (BNA): Rules the services payment under the Angola Angolan System Payment


Warning 9/17 (BNA): Defines the deadlines for the execution of transfer of values, as well as the disposa ofl funds to the beneficiary resulting of cash, cheks or values transfered


Presidential Decree 272/17: Establishes the obligation of fixation of stamp taxes on medicines, liquor and tabaco
Tax Calendar OCTOBER
Tax Deadline Description Return

CIT - Withholding Tax (II) 31/10/2017   Assessment and payment of the tax withheld on services paid in the previous month   (i)

Real Estate Income Tax
31/10/2017   Assessment and payment of the tax withheld on rents paid in the previous month   (i)

Stamp Tax (IS) 31/10/2017   Payment of the IS assessed in the last month, being the most relevant one the 1% IS due on invoices/receipts issued in the previous months related to invoices received   (i)

Investment Income Tax (IAC) 31/10/2017   If any IAC on income liable to the
same was assessed/withheld in the previous month, the tax should be paid this month

Consumption Tax (IC) 31/10/2017   Payment of the IC assessed in
all the invoices received last month for services rendered and in goods produced and sold last month (IC is assessed on cost of goods produced)

Employment income Tax
31/10/2017   Payment of the IRT withheld on the remuneration and fees paid to, respectively, employees and self-employees last month.   (i)

Social Security (SS) 10/10/2017   Payment of the SS assessed (8%) and withheld (3%) to the employees last month.   (ii)

(i) Payment Return (DLI)
(ii) Remuneration Schedule and Payment Letter
Nota: Values in foreign currency are converted to local currency using the average exchange rate of the last quarter

Other Relevant Information

Foreign Exchange Rates (16/10/2017)

Currency Buy Sell

ZAR 12,427 12.547

EUR 184.496 186.302

USD 165,097 166,748

Barrel Oil Price


$57.82    0.65    1.12%

2017.10.16 end-of-day

Source: Ministry of Finance


Month Monthly Accumulated Year-on-Year Change  

September 2,54 20,00 27,46

August 1,66 17,03 26,95

July 1,77 15,12 29,01

Source: BNA